Acceptance of Agricultural Takaful Among Crop Farmers in Yobe State, Nigeria

Abstract

Purpose: The primary aim of this research is to examine the elements
that influence the acceptance of agriculture takaful ¯ among crop producers
in Yobe State. To achieve this, the study will focus on several specific objectives, including evaluating the impact of awareness, attitude, perceived
behavioral control, and subjective norms on the acceptance of agricultural
takaful ¯ among crop farmers in Yobe state.
Methodology: The study employed descriptive analysis using frequencies,
percentages and inferential statistics using structural equation model as
technique of data analysis. In this study, the data was analyzed by using
software packages for social science, namely SPSS version 22, and AMOS
version 21.
Findings: The result shows that; awareness of crop farmers towards agricultural takaful ¯ in Yobe State was positive and statistically not significant.
While attitude, perceived behavioral control and subjective norms of crop
farmers in the study area was positive and statistically significant.
Research Limitations/Implications: This study focuses solely on exploring the farmers’ willingness to adopt agricultural takaful ¯ in Yobe state,
specifically within the Damaturu local government area. The research
exclusively relies on primary data obtained from participants through
questionnaires. The reason for using this approach is that crop farming
constitutes a significant portion of the economic activities in the study
area.